Common use of Limitations on Indemnitor Clause in Contracts

Limitations on Indemnitor. Indemnitor will not consent to the entry of any judgment or enter into any compromise or settlement with respect to the Lender Claim without the prior written consent of Indemnitee unless such judgment, compromise or settlement (i) provides for the payment by Indemnitor of money as sole relief for the Lender Claimant and (ii) involves no finding or admission of any violation of law.

Appears in 11 contracts

Samples: Indemnification Agreement (Western Gas Partners LP), Contribution Agreement and Agreement and Plan of Merger (Western Gas Partners LP), Contribution Agreement and Agreement (Anadarko Petroleum Corp)

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